Call reports 2008
VILLAGE BANK, THE — 2008
What VILLAGE BANK, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 265,676,000 | 271,737,000 | 266,532,000 | 265,910,000 |
| Total loans | 194,170,000 | 210,683,000 | 212,708,000 | 209,837,000 |
| Allowance for loan losses | 1,870,000 | 2,130,000 | 2,648,000 | 2,545,000 |
| Securities available for sale | 32,511,000 | 30,537,000 | 29,994,000 | 31,162,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 225,104,000 | 216,926,000 | 217,799,000 | 219,157,000 |
| Interest-bearing deposits | 190,234,000 | 181,129,000 | 181,978,000 | 189,305,000 |
| Noninterest-bearing deposits | 34,870,000 | 35,797,000 | 35,821,000 | 29,852,000 |
| Equity capital | 23,327,000 | 23,642,000 | 24,085,000 | 24,304,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 4,753,000 | 9,274,000 | 13,822,000 | 18,069,000 |
| Interest expense | 1,749,000 | 3,450,000 | 5,140,000 | 6,757,000 |
| Net interest income | 3,004,000 | 5,824,000 | 8,682,000 | 11,312,000 |
| Noninterest income | 310,000 | 605,000 | 876,000 | 1,007,000 |
| Noninterest expense | 1,849,000 | 3,611,000 | 5,438,000 | 7,509,000 |
| Provision for loan losses | 261,000 | 622,000 | 1,387,000 | 2,122,000 |
| Pretax income | 1,204,000 | 2,196,000 | 2,733,000 | 2,688,000 |
| Income tax | 451,000 | 741,000 | 917,000 | 802,000 |
| Net income | 753,000 | 1,455,000 | 1,816,000 | 1,886,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,928,000 | 23,620,000 | 23,956,000 | 24,000,000 |
| Total capital | 24,798,000 | 25,750,000 | 26,604,000 | 26,545,000 |
| Risk-weighted assets | 223,608,000 | 235,191,000 | 233,047,000 | 231,840,000 |